South End 5-Plex Now Available

Multi-Family for Sale
Catylist Listing ID: 30725620
Property Subtypes: Mid-Rise
Number of Units: 5 Units
Building Size (RSF): 3,276 SF
Gross Land Area: 4,373 SF
Sale Price: $325,000
Unit Price: $65,000 Per Unit
Property Use Type: Investment
Usable Size (USF): 3,276 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2021

Overview / Comments

Outstanding investment opportunity in sought-after Wilder Park. Five 1BR/1BA units of very generous size. Building was gutted to the studs in late 2009/early 2010. All new electrical installed. All new pex plumbing installed. 4 new HVAC systems installed on 1st & 2nd floor with P-Tac type hotel unit on 3rd floor. Bldg has all new doors/windows and insulation. Flooring installed in 2010. Excellent proximity to Churchill Downs, bus route, 264/65, SDF, U of L, UPS and more. Only vacant units will be shown until accepted contract has been established and then the other shown within 72 hours afterwards. Please do not disturb tenants for any reason. Lockbox on front door. Vacant units are #1 and #3. All units have been photographed. Roof replaced 2010. Property sold AS IS/WHERE IS with all faults, with no warranties or guarantees. Seller will allow inspections but will make no repairs (Seller reserves the right to reject up to 2 home inspectors). Seller will not adjust price for items found on inspection. Further info found in documents.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson
Tax ID/APN: 055G00280000
Zoning: R-6 - Residential Multi-Family District
Percent Occupied: 60%
Property Located Between: W Evelyn and S 3rd
Highway Access: 264/65
Airports: SDF/Muhammed Ali Intl
Site Description: Corner Lot
Area Description: South End/See comments
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1900
Year Renovated: 2010
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Street Parking on side street
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central, Heat Pump
Fuel: Gas, Electric
Air Conditioning: Engineered System, Window Unit
Interior Description: Five 1BR/1BA units
Zoning Description: R6
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,993 134,998 308,924
Median Age: 35.67 36.07 36.77
Households: 6,678 58,128 132,098
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